European shares fall as investors stay wary of virus impact

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(Reuters) – European shares fell on Friday as investors remained wary of the economic impact of the coronavirus epidemic on the bloc, despite data showing a faster-than-expected pickup in business activity in February.

The pan-European STOXX 600 index shed nearly half a percent and was set to end slightly lower for the week as China reported an uptick in new virus cases.

The index had scaled record highs earlier in the week as data signalled a slight slowdown in the outbreak, lending weight to forecasts that the crisis might blow over by April.

Read more : Reuters

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